Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Renovaro Inc (NASDAQ: RENB) closed at $0.35 in the last session, down -5.34% from day before closing price of $0.37. In other words, the price has decreased by -$5.34 from its previous closing price. On the day, 2.6 million shares were traded.
Ratios:
We take a closer look at RENB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 29 ’24 when William Anderson Wittekind sold 1,114 shares for $1.30 per share. The transaction valued at 1,448 led to the insider holds 840,319 shares of the business.
William Anderson Wittekind sold 16,362 shares of RENB for $23,889 on Jul 17 ’24. The 10% Owner now owns 841,433 shares after completing the transaction at $1.46 per share. On Jul 15 ’24, another insider, William Anderson Wittekind, who serves as the 10% Owner of the company, sold 21,954 shares for $1.41 each. As a result, the insider received 30,955 and left with 875,795 shares of the company.
Stock Price History:
Over the past 52 weeks, RENB has reached a high of $2.10, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 1.20%, while the 200-Day Moving Average is calculated to be -47.91%.
Shares Statistics:
A total of 162.39M shares are outstanding, with a floating share count of 83.77M. Insiders hold about 51.33% of the company’s shares, while institutions hold 12.77% stake in the company.
